Global Satellite Remote Sensing Service Supply, Demand and Key Producers, 2023-2029
The global Satellite Remote Sensing Service market size is expected to reach $ 5816.5 million by 2029, rising at a market growth of 9.9% CAGR during the forecast period (2023-2029).
North America is the largest market of Satellite Remote Sensing Service, with a share about 44%, followed by Asia-Pacific and Europe, with the share about 34% and 14%. In terms of product type, Data Services occupy the largest share of the total market, about 46%. And in terms of product Application, the largest application is Military & Defense, followed by Government.
Satellite remote sensing service is a process of detecting and monitoring the reflected and emitted radiation with the use of aircraft-based sensor technologies and classify objects on the Earth. The introduction of remote sensing, big data analytics, the Internet of Things (IoT) along with cloud computing is projected to propel the growth of the market. The most preferred remote sensing platform is the unmanned aerial vehicle (UAV) used for large-scale mapping, damage assessment, and others. Recently, Airbus has been selected to design and build second-generation meteorological satellites where the satellite remote sensing services are finding their applications. Increasing applications of remote sensing for earth observation is leading to the growth of the market.
This report studies the global Satellite Remote Sensing Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Satellite Remote Sensing Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Satellite Remote Sensing Service that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Satellite Remote Sensing Service total market, 2018-2029, (USD Million)
Global Satellite Remote Sensing Service total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Satellite Remote Sensing Service total market, key domestic companies and share, (USD Million)
Global Satellite Remote Sensing Service revenue by player and market share 2018-2023, (USD Million)
Global Satellite Remote Sensing Service total market by Type, CAGR, 2018-2029, (USD Million)
Global Satellite Remote Sensing Service total market by Application, CAGR, 2018-2029, (USD Million).
This reports profiles major players in the global Satellite Remote Sensing Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Maxar Technologies, Planet Labs PBC, Airbus Space, L3Harris Technologies, Telespazio, Satellogic, ImageSat International, BlackSky and EarthDaily Analytics, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Satellite Remote Sensing Service market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Satellite Remote Sensing Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Satellite Remote Sensing Service Market, Segmentation by Type
Data Services
Technical Services
Software Service
Other
Global Satellite Remote Sensing Service Market, Segmentation by Application
Military & Defense
Government
Commercial
Companies Profiled:
Maxar Technologies
Planet Labs PBC
Airbus Space
L3Harris Technologies
Telespazio
Satellogic
ImageSat International
BlackSky
EarthDaily Analytics
Antrix
Esri
Remote Sensing Solutions
Capella Space
ICEYE
European Space Imaging
Earth-i
PlanetObserver
SkyWatch
Chang Guang Satellite Technology
China Siwei
PIESAT Information Technology
Zhuhai Aerospace Microchips Science & Technology
Twenty First Century Aerospace Technology
Key Questions Answered
1. How big is the global Satellite Remote Sensing Service market?
2. What is the demand of the global Satellite Remote Sensing Service market?
3. What is the year over year growth of the global Satellite Remote Sensing Service market?
4. What is the total value of the global Satellite Remote Sensing Service market?
5. Who are the major players in the global Satellite Remote Sensing Service market?
6. What are the growth factors driving the market demand?